16 Ainslie Avenue Hamilton, Ontario L8S 2J3

6 Bedroom 2 Bathroom 700 - 1,100 sqft
Bungalow Central Air Conditioning Forced Air

$729,000

***ATTENTION INVESTORS & SAVVY BUYERS - TURNKEY CASH-FLOW OPPORTUNITY IN WEST HAMILTON! APPROX. $4,300/MONTH IN RENTAL INCOME POTENTIAL! LEGAL BASEMENT WITH SEPARATE ENTRANCE! 3+3 BEDROOM INVESTMENT PROPERTY JUST MINUTES FROM McMASTER UNIVERSITY! *** Welcome to 16 Ainslie Avenue, featuring 3 spacious bedrooms on the main floor and 3 additional bedrooms in the legal basement, this versatile property is perfectly suited for student rentals, multi-generational living, or investors looking to maximize returns. The separate entrance creates excellent income-producing possibilities, while the bright main level boasts large windows, generous living space, and an updated kitchen. Recent upgrades include a modern kitchen with brand-new appliances, permitted pot lights, new basement flooring, and a new electrical sub-panel, making this a true turnkey investment. Simply move in or start generating income immediately. Located approximately 1.5 km from McMaster University and only minutes from Highway 403, this property offers unmatched convenience with easy access to public transit, shopping, restaurants, parks, schools, and all major amenities. Strong rental demand driven by McMaster University, nearby hospitals, and employment hubs makes this an exceptional addition to any investment portfolio. Whether you're an investor seeking positive cash flow, a parent looking to house students while generating income, or a homeowner wanting a mortgage helper, this property delivers outstanding value in one of Hamilton's most desirable and consistently high-demand neighbourhoods. (id:62616)

Property Details

MLS® Number X13561714
Property Type Single Family
Community Name Ainslie Wood
Equipment Type Water Heater
Parking Space Total 3
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 3
Bedrooms Total 6
Appliances Dishwasher, Dryer, Washer, Window Coverings, Refrigerator
Architectural Style Bungalow
Basement Development Finished
Basement Type N/a (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Flooring Type Laminate
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 700 - 1,100 Sqft
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 119 Ft ,9 In
Size Frontage 40 Ft ,1 In
Size Irregular 40.1 X 119.8 Ft ; Legal Basement
Size Total Text 40.1 X 119.8 Ft ; Legal Basement

Rooms

Level Type Dimensions
Basement Bedroom 3.23 m x 2.72 m
Basement Laundry Room 3.71 m x 2.92 m
Basement Kitchen 3.63 m x 2.82 m
Basement Dining Room 3.35 m x 2.06 m
Basement Bedroom 4 3.84 m x 5.38 m
Basement Bedroom 5 3.15 m x 3.23 m
Main Level Living Room 5.51 m x 3.53 m
Main Level Kitchen 3.48 m x 2.79 m
Main Level Bathroom 3.048 m x 1.68 m
Main Level Primary Bedroom 5.59 m x 3.23 m
Main Level Bedroom 2 3.51 m x 3.56 m
Main Level Bedroom 3 3.51 m x 2.94 m

https://www.realtor.ca/real-estate/30031029/16-ainslie-avenue-hamilton-ainslie-wood-ainslie-wood

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